Volt Carbon Technologies Announces Final Closing of Private Placement for Gross Proceeds of $210,000
Volt Carbon Technologies Announces Final
Closing of Private Placement for Gross
Proceeds of $210,000
Calgary, Alberta--(Newsfile Corp. - September 16, 2025) - Volt Carbon Technologies Inc. (TSXV: VCT)
(OTCQB: TORVF) ("Volt Carbon" or the "Company"), with reference to its prior news release dated
September 12, 2025, is pleased to announce the final closing of its non-brokered private placement. The
Company has raised an aggregate total of $210,000 through the issuance of 10,500,000 units ("Units")
at a price of $0.02 per Unit (the "Offering").
Each Unit consists of one (1) common share in the capital of the Company and one (1) common share
purchase warrant (each a "Warrant"). Each Warrant entitles the holder to acquire one (1) additional
common share in the capital of the Company (each a "Warrant Share") at an exercise price of $0.05 per
Warrant Share for a period of 24 months from the date of issuance. The securities issued under the
Offering are subject to a hold period ending on the date that is four months plus one day following the
date of issue in accordance with applicable securities laws.
The final closing of the Offering is subject to receipt of all necessary regulatory approvals including the
TSX Venture Exchange (the "TSXV"). No Insiders participated in the Offering and no new control
persons were created under the Offering.
The Company intends to use the proceeds of the Offering to advance its battery and mineral separation
technologies, pay outstanding payables, and for general working capital purposes.
About Volt Carbon Technologies
Volt Carbon is a publicly traded carbon science company, with specific interests in energy storage and
green energy creation, with holdings in mining claims in the provinces of Ontario, Quebec and British
Columbia in Canada. For the latest information on Volt Carbon's properties and news please refer to the
website
www.voltcarbontech.com
.
On behalf of the Board of Directors,
Volt Carbon Technologies Inc.
V-Bond Lee, P. Eng.
CEO, President, Chairman of the Board and Director
Information Contact
:
Email:
Tel: (519-763-1197)
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
FORWARD-LOOKING STATEMENTS: This press release may contain forward-looking statements,
within the meaning of applicable securities legislation, concerning Volt Carbon's business and affairs.
In certain, cases, forward-looking statements can be identified by the use of words such as "plans",
"expects" or "does not expect", "intends" "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or variations of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Such forward-looking
statements include those with respect to the Company's intention to use the proceeds of the
Offering to pay outstanding payables and for working capital.
Statements of past performance should not be construed as an indication of future performance.
Forward-looking statements involve significant risks and uncertainties, should not be read as
guarantees of future performance or results, and will not necessarily be accurate indications of
whether or not such results will be achieved. A number of factors, including those discussed above,
could cause actual results to differ materially from the results discussed in the forward-looking
statements. Any such forward-looking statements are expressly qualified in their entirety by this
cautionary statement.
All of the forward-looking statements made in this press release are qualified by these cautionary
statements. Readers are cautioned not to place undue reliance on such forward-looking statements.
Forward-looking information is provided as of the date of this press release, and Volt Carbon assumes
no obligation to update or revise them to reflect new events or circumstances, except as may be
required under applicable securities legislation.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
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